Beyond Meat to delay annual report filing, reports preliminary Q4 revenue

Core Viewpoint - Beyond Meat forecasts fourth-quarter revenue below Wall Street estimates and delays filing its annual report for 2025 due to material weaknesses in internal financial controls [1][2]. Financial Performance - Preliminary revenue for the fourth quarter is approximately $61 million, while analysts expected $62.6 million [3]. - The company anticipates full-year 2025 net revenue of about $275 million, compared to estimates of $276.5 million [3]. Internal Controls and Reporting - Beyond Meat requires additional time to review its inventory balances, including amounts for excess and obsolete inventory [2]. - The company plans to file its Form 10-K with the securities regulator by March 31 [2]. - It is currently reviewing its internal control procedures and developing a remediation plan [2].